Money Keeps Pouring Into Spot $XRP ETFs...

By BSCN
about 9 hours ago
ETH SOSO XRPETF XRP SPOT

Spot $XRP exchange-traded funds in the United States continued to attract fresh capital last week, posting net inflows of $60.5 million even as their $BTC and $ETH counterparts suffered notable redemptions.

A Strong Week for XRP ETF Flows

The week's biggest single day came on Monday, when US-listed spot XRP ETFs drew nearly $26 million in net inflows. According to CoinDesk, that Monday figure of $25.8 million was the largest daily haul for XRP ETFs since early January, pushing cumulative inflows across all products to $1.35 billion. The week rounded off on May 15 with a further $11 million entering the funds, capping a consistent run of positive flow days.

Funds from Bitwise, Franklin, and Grayscale led the inflow surge, according to data tracked by MEXC citing SoSoValue figures. The products have now recorded inflows in 11 of the last 13 trading days, underlining a steady build in institutional appetite for regulated XRP exposure.

The backdrop for this momentum includes a series of developments at @Ripple. The company closed a $200 million debt facility from funds managed by Neuberger Specialty Finance to support its Ripple Prime institutional brokerage platform. Ripple also completed a pilot tokenized US Treasury settlement on the XRP Ledger involving JPMorgan, Mastercard, and Ondo Finance, processing the redemption in under five seconds.

BTC and ETH ETFs Head in the Opposite Direction

The contrast with $BTC and $ETH products was stark. US spot Bitcoin ETFs recorded their largest weekly outflow in months during the week ending May 15, shedding a net $1 billion and snapping a six-week inflow streak, according to Crypto Times citing SoSoValue data. Outflows peaked on May 13, when $635 million left Bitcoin ETF products in a single session. Ethereum ETFs also extended their losing run, posting $255.11 million in outflows over the same week.

Some analysts attribute the sharp $BTC and $ETH reversals to macro headwinds, including hotter-than-expected producer price data and delayed expectations for Federal Reserve rate cuts. For $XRP, the divergence suggests that recent project-level catalysts, combined with the token's lower correlation to broader macro sentiment, helped insulate demand from the same selling pressure.

Sources:
CoinDesk: Spot XRP ETFs Attract Biggest Inflows Since January
Crypto Times: Bitcoin ETFs Post $1B Weekly Outflow

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